Yeah ya know what else makes it easier? Not creating a monthly thread after someone else has already created it midass. Use your eyes and think next time fkn numbnutz. Don't let it happen again or i will have to ban you temporarily!
Happy Easter Everyone!
4.92 Pre today. Ouch... Maybe we get a run up to $5 into the CC? Seriously though. What gives? Unless there is some behind the scenes turmoil, I don't get it. Would the large decrease in short interest drop the sp? Looks possibly like a time to load up. Anyone else?
Edit: Morgan Stanley cut Sirius to underweight with a 4.80 price target. WTF? That's 3 downgrades in a month. Hope the CC is strong.
Banks may be behind the mysterious drop-off in car sales
- Banks tightening lending standards as delinquencies pick up.
- March vehicle sales fell to an annualized pace of just 16.5 million, below expectations of 17.3 million and the weakest rate since February 2015.
- Economists watching auto sales carefully to see if it's a sign of broader consumer weakness.
Beware of a small gap that might be filled at 4.91. 4.80 is another support it could seek if market flushes a bit.
Personally I dont think it does, but still beware.
(edit: I didnt realize Morgan had put a target of 4.80 but that might give a bit more pressure to get there)
Bounced back yesterday but down again today. Need to see great numbers next Thursday.
I have some very sad news. For those of you that remember Genesis or Hannibal (Jim Edwards), he passed away on March 6, 2017 of abdominal aortic aneurysm. He was a good friend of mine and fortunately I was able to talk to him before learning about his passing. May he rest in peace!
Big volume today 79 million
Once again... sad.